121
121
Jan 12, 2013
01/13
by
KQED
tv
eye 121
favorite 0
quote 0
first, new treasury secretary jack lew -- a veteran of the clinton and obama white houses - who will succeed timothy geithner. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, "having lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well." gwen: so what does lew's appointment tell the senators who must confirm him about what comes next in our epic budget fights? david? >> i think it tells us that the president anticipates that this year will be a year dealing with taxes and spending and deficits. it will be the fifth year in which we have a trillion dollar deficit and jack lew has been budget director in two administrations. unlike timothy geithner, he has very little experience in finance. that was geithner's strong point. he has very little experience in international. that was geithner's background. this is a guy who knows budget and knows congress. it sort of marks a punctuation point in the financial rescue. geithner was part of the rescue at the ne
first, new treasury secretary jack lew -- a veteran of the clinton and obama white houses - who will succeed timothy geithner. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, "having lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well." gwen: so what does lew's appointment tell the senators who must confirm him about what comes next in our epic...
119
119
Jan 10, 2013
01/13
by
MSNBCW
tv
eye 119
favorite 0
quote 0
and jack lew is in the middle of it. because democratic economic policies have not been well received by republicans in congress, and because jack lew once irked mitch mcconnell, he is, we're supposed to believe, not going to get the top tier cabinet position. we scoff in your general direction. if those do not sound like reasons substantive enough to block a presidential cabinet nomination, that is because those are not reasons substantive enough to block a presidential cabinet nomination. at least historically speaking, those are not the kind of things that keep a person out of a top tier job like that. as "the new york times" calculated today, in the history of the u.s. senate, the senate has confirmed over 500 cabinet nominations. over 500. it has denied nine out of more than 500 in gnat senate history. the last time a cabinet nomination was denied was almost 25 years ago when the senate voted down poppy bush's nominee for defense john tower after what would later be described in his obituary of public allegations of
and jack lew is in the middle of it. because democratic economic policies have not been well received by republicans in congress, and because jack lew once irked mitch mcconnell, he is, we're supposed to believe, not going to get the top tier cabinet position. we scoff in your general direction. if those do not sound like reasons substantive enough to block a presidential cabinet nomination, that is because those are not reasons substantive enough to block a presidential cabinet nomination. at...
185
185
Jan 12, 2013
01/13
by
FOXNEWSW
tv
eye 185
favorite 0
quote 0
so, kim, tell us about jack lew, who is he? what does he believe? >> well, he's mostly, i think, this is important, a creature of washington. he had a brief interlude out at citigroup, but a lot of time working in a political capacity and does in fact make him a much different creature for a position like the treasury secretary than we have in the past, folks who have come from that often out of the business world, established economists, might come from the fed. this is a person viewed by congress and many, by many people here in washington a more of an ideologue. >> and with the clinton administration, i know republicans thought he was an honest liberal, anybody he's emerged under this president as much more implacable. and mr. lew makes a lot of appearances, almost always in the role, when you see mr. obama and boehner making progress. he throws the monkey wrench and pretty much tanking the negotiations and makes him poison for republicans and a problem in his capacity as treasury secretary which sometimes does need to work with congress. >> paul
so, kim, tell us about jack lew, who is he? what does he believe? >> well, he's mostly, i think, this is important, a creature of washington. he had a brief interlude out at citigroup, but a lot of time working in a political capacity and does in fact make him a much different creature for a position like the treasury secretary than we have in the past, folks who have come from that often out of the business world, established economists, might come from the fed. this is a person viewed...
127
127
Jan 10, 2013
01/13
by
MSNBCW
tv
eye 127
favorite 0
quote 0
i have the greatest respect for jack lew. i know he is main of exceptional judgment, calm under pressure with an extraordinary record of accomplishment and experience. over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and the poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. he understands that to govern responsibly is to govern with a recognition that we have limited fiscal resources. like jack, have i spent my professional life in this world of public policy and public service, and as all of you know, our families carry a large share of the burdens we assume in public life. i feel incredibly fortunate that my wife, carol, and my family have been willing to allow me to do this. i thank them for their support and their patience and i understand their occasional impatience. [ laughter ] >> i want to express my admiration and my appreciation for the women and the men of the treasury de
i have the greatest respect for jack lew. i know he is main of exceptional judgment, calm under pressure with an extraordinary record of accomplishment and experience. over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and the poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. he understands that to govern responsibly is to govern with a recognition that...
233
233
Jan 9, 2013
01/13
by
CNBC
tv
eye 233
favorite 0
quote 0
>> steve, you were right on the money with the jack lew prediction. you and i had this conversation, but i just wonder, you know, there's this antagonistic relationship between the white house and business. >> right. >> there were a handful of business guys in the mix that wanted the job. larry fink. would it be sort of better as a perception from the market or perception of business to put a business guy in there to help the relationship, help the togetherness of business in washington so we actually get some job creation going? what's your take on this choice? >> i don't disagree with the signal that could have been sent had somebody else been chosen. >> exactly. >> no doubt about that. it could have been an olive branch to the business community. i think that's for sure, and president obama did have several candidates who he could have chosen from in that regard. >> right. >> so i think that's very important, but i think right now president obama says, you know what? i've got a problem with congress. i've got a problem with the debt ceiling. let me
>> steve, you were right on the money with the jack lew prediction. you and i had this conversation, but i just wonder, you know, there's this antagonistic relationship between the white house and business. >> right. >> there were a handful of business guys in the mix that wanted the job. larry fink. would it be sort of better as a perception from the market or perception of business to put a business guy in there to help the relationship, help the togetherness of business in...
1,098
1.1K
Jan 10, 2013
01/13
by
FBC
tv
eye 1,098
favorite 0
quote 0
jack lew is not that man. the original messages that we're now getting from a number of republican senators who will have to consider this nomination, many are saying that they will go through the vetting process. see what jack lew has to say from confirmation hearings as the information comes out. they want a plan to address spending. many are skeptical they're getting it from the treasury nominee or from the administration. back to you. tracy: rich edson, thanks for all that. ashley: jack lew then must face the senate before he takes the helm at treasury department. with the top republican on budget committee already speaking out against lew are we in for a bumpy confirmation process on capitol hill? joining us bob cusack, managing editor of "the hill." it could be interesting, bob. we mentioned senator jeff sessions, top ranking republican on the senate budget committee and he said, quote, in a statement that is now at, out, jack lew must never be treasury secretary. he has critics but do you think he will
jack lew is not that man. the original messages that we're now getting from a number of republican senators who will have to consider this nomination, many are saying that they will go through the vetting process. see what jack lew has to say from confirmation hearings as the information comes out. they want a plan to address spending. many are skeptical they're getting it from the treasury nominee or from the administration. back to you. tracy: rich edson, thanks for all that. ashley: jack lew...
173
173
Jan 10, 2013
01/13
by
MSNBCW
tv
eye 173
favorite 0
quote 0
lew has been very suk s sesful and if anybody can, jack can. if you look at the paul ryan budget, what you see is literally a transfer of trillions of dollars over the ten-year budget window from programs that help low income people to tax cuts for rich people. this is the robin hood in reverse on steroids. jack lew recognizes that one of the critical roles for government is protecting economically vulnerable people. now, that doesn't mean he won't put some spending cuts on the table and they may even involve entitlements but you can bet the vulnerable retirees and the people who depend on the safety net at times of market failure will have a very strong ally in jack lew. >> to that point, many people have suggested in the past that there's been a revolving door that goes from the treasury to wall street and back again. is this man part of that coterie or is he very much and firmly in the public service camp? >> it's much more in the public service camp. i read this morning a critique of the choice of jack for treasury secretary by some financi
lew has been very suk s sesful and if anybody can, jack can. if you look at the paul ryan budget, what you see is literally a transfer of trillions of dollars over the ten-year budget window from programs that help low income people to tax cuts for rich people. this is the robin hood in reverse on steroids. jack lew recognizes that one of the critical roles for government is protecting economically vulnerable people. now, that doesn't mean he won't put some spending cuts on the table and they...
115
115
Jan 10, 2013
01/13
by
CNBC
tv
eye 115
favorite 0
quote 0
i have the greatest respect for jack lew. i know him as a man exceptional judgment, calm under pressure, with an extraordinary record of experience over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. and he understands that to govern responsibly, is to govern with the recognition that we have limited fiscal resources. now like jack, i've spent my professional life in this world of public policy and public service, and as all of you know, our families carry a large share of the burdens we assume in public life. and i feel incredibly fortunate that my wife, carol, and my family, have been willing to allow me to do this. and i thank them for their support and their patience and i understand their occasional impatience. i want to express my admiration and my appreciation for the women and men of the treasury department. those who came t
i have the greatest respect for jack lew. i know him as a man exceptional judgment, calm under pressure, with an extraordinary record of experience over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. and he understands that to govern responsibly, is to govern with the recognition that we have limited...
156
156
Jan 10, 2013
01/13
by
CNBC
tv
eye 156
favorite 0
quote 0
well, for heaven sakes, jack lew was on wall street for a year. he ran the alternative investments at citibank and he got $1 million bonus to that and $1 million cash compensation on top of that. i don't begrudge him that. i'm a free market guy. but his boss begrudges people who made money and lew did that in one year. if you live by the sword, you die by the sword. >> well, again, he is in sync with his boss, president obama, and i think obama's willing to overlook those transgressions as long as you see the world the way he does. and in terms of governor dean, i almost think i'm re-hearing herbert hoover about the need to fight the deficit by raising taxes. raising taxes -- >> and cutting spending. >> raising taxes is not the way to go. and you look at europe, they're raising taxes, japan is raising taxes and the result is a disaster. as you know, if we had normal growth economy, say 4%, which shouldn't be hard to do after what we've been through, you'd get an extra $400 billion, $500 billion right off the bat, instant, painless. >> howard, what
well, for heaven sakes, jack lew was on wall street for a year. he ran the alternative investments at citibank and he got $1 million bonus to that and $1 million cash compensation on top of that. i don't begrudge him that. i'm a free market guy. but his boss begrudges people who made money and lew did that in one year. if you live by the sword, you die by the sword. >> well, again, he is in sync with his boss, president obama, and i think obama's willing to overlook those transgressions...
228
228
Jan 10, 2013
01/13
by
CNNW
tv
eye 228
favorite 0
quote 0
lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> we waiting for the president of the united states to walk into the east room of the white house. we'll show you a picture now. he's going to nominate jack lew as white house chief of st
lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my...
60
60
Jan 10, 2013
01/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
jack lew, women qualified for the positions? absolutely. >> do you believe that there is some meeting happens right now to try to appropriately deal with this? i mean, no one wants the job just based on the gender or color. you want to say i earned my way in this and we know the realities of doors opened and closed in our nation's past to women, to people of color. do you think given the situation, the exposure there's serious talk behind the scenes at the white house? >> absolutely. i think that's right. there's some serious talk about how to fill out the rest of the cabinet. you saw the white house rush to essentially say, hey, wait a minute, we have the folks staying. holder and sebelius but to me in some ways they weren't in tune to this initially going in to this and only speaks to the lack ofdy rersty. no one in that room to say, listen, maybe we have a problem with the optics with rolling out all of these white male candidates. >> last thing i'd say, tamron, look. this is important. we want to create good role models for
jack lew, women qualified for the positions? absolutely. >> do you believe that there is some meeting happens right now to try to appropriately deal with this? i mean, no one wants the job just based on the gender or color. you want to say i earned my way in this and we know the realities of doors opened and closed in our nation's past to women, to people of color. do you think given the situation, the exposure there's serious talk behind the scenes at the white house? >>...
133
133
Jan 11, 2013
01/13
by
CURRENT
tv
eye 133
favorite 0
quote 0
he is jack lew now chief of staff. he's got one thing in common with the president's last three nominees namely john kerry chuck hagel and john brennan all three are white males. does president obama have a diversity problem or people just being too hard on him again. we'll talk about that and a whole lot more. but first, she's got the latest, today's current news update from lisa ferguson out in los angeles. good morning. >> hey bill. good morning everyone. the white house is gearing up for a fight with the nra in the midst of meetings from obama's new gun violence task force. cnn is reporting that the nra is prepping a hard-hitting ad campaign mounting opposition to possible new restrictions. nra president david keen says the group is mobilizing for a fight and will engage its members. now the white house's plan is to outorganize the nra. president obama is rallying groups of churches, medical organizations and retailers all to build support for new gun regulations. >>> the joe biden-led task force is set to deliver
he is jack lew now chief of staff. he's got one thing in common with the president's last three nominees namely john kerry chuck hagel and john brennan all three are white males. does president obama have a diversity problem or people just being too hard on him again. we'll talk about that and a whole lot more. but first, she's got the latest, today's current news update from lisa ferguson out in los angeles. good morning. >> hey bill. good morning everyone. the white house is gearing up...
60
60
Jan 10, 2013
01/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the very neat, very legible cursive in the right-hand corner. tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done -- this thing was run through the committee. and the question is when exactly is it going to be voted on, on the floor? because it was the floor vote, absolutely guaranteed. the matter of a crowded calendar. it is the floor vote that really does make you treasury secretary. and the guy was in there, doing the job. i kept getting the calls, when is it going to happen. i
here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the very neat, very legible cursive in the right-hand corner. tim geithner said he was forced to change his signature before...
150
150
Jan 12, 2013
01/13
by
MSNBCW
tv
eye 150
favorite 0
quote 0
>> i worked with jack lew, what you read does not resonate. you have to remember back then, lew was arguing with the tea party. the tea party they bring negotiations to the table. -- the position, so this is not something new to him. i am quite confident that he will be confirmed again. this is a guy who back in the 1980s helped to negotiate a social security deal that was very bipartisan. 1997 a bipartisan balanced budget that led to a surplus, not a deficit of over $200 billion in 2000. he dusted it up with the republican party back then and frankly he needed to. >> i want to move on to something more light hearted conversation. the buzz about creating a trillion dollar coin. treasury spokesman is saying that the treasury department nor the federal reserve feels that it should be producing a platinum coin. ultimately how does it work? it sounds completely bizarre. >> it's a bizarre solution to a more bizarre problem and i think many people, myself included thought that the trillion dollar coin solution was absolutely ridiculous. but it would
>> i worked with jack lew, what you read does not resonate. you have to remember back then, lew was arguing with the tea party. the tea party they bring negotiations to the table. -- the position, so this is not something new to him. i am quite confident that he will be confirmed again. this is a guy who back in the 1980s helped to negotiate a social security deal that was very bipartisan. 1997 a bipartisan balanced budget that led to a surplus, not a deficit of over $200 billion in 2000....
114
114
Jan 10, 2013
01/13
by
KRCB
tv
eye 114
favorite 0
quote 0
darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidly running out of cash. the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to reprogram all of the software in treasury's computers which connect to all of the computer software in the various agencies is not something that can be done in ten minutes or ten days or ten weeks. so you have the right to do it, but you don't have the ability to do it. >> reporter: the treasury uses a separate computer system to make interest payments on the federal debt so it is possible investors would get what they are owed. but what happens with soc
darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidly running out of cash. the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to...
177
177
Jan 11, 2013
01/13
by
CNBC
tv
eye 177
favorite 0
quote 0
if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1 million salary and $1 million bonus. this irks not only conservatives who think obama's being hypocritical to nominate someone this kind of banking background after wagging his finger at the wealthy all year. but almost frustrates and infuriates the left because they would like to see someone more progressive in the treasury role. >> more progressive. but what about this? he was the chief operating officer of a proprietary trading operation of about $54 billion. now, that has been outlawed under dodd/frank. so once again, i see hypocrisy from team obama. >> you've already seen some senators on capitol hill such as chuck grassley of iowa raise questions about what jack lew did at citi. and there's been a huffington post investigation about how lew's unit within the company was tied to hedge
if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1 million salary and $1 million bonus. this irks not only conservatives who think obama's being hypocritical to nominate someone this kind of banking background after wagging his finger at the wealthy all year. but...
83
83
tv
eye 83
favorite 0
quote 0
i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >> john kerry, secretary of state. we've got a lot of white males, shall we say, chuck hagel, we have pictures up there. jack lew, eric holder is over at the justice department. he's not a white male. he's an african-american. but no women. >> men. men. >> i want to put up another picture of the seen yr staff, if you will. there you you he sue the staff. there's been mur muring that there's not enough women part of this white house, the inner circle. what are folks saying about that? >> the visual you just showed with the four cabinet members being men, th
i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >>...
40
40
Jan 10, 2013
01/13
by
MSNBC
tv
eye 40
favorite 0
quote 0
in his opinion there's no better person sitting in treasury to tackle that than jack lew. >> i do want to point out one thing as we talk about diversity, and we had jen saki on the show yesterday. she said while the president has a very diverse -- >> a woman who works for president obama. >> and she made the point that we have a pipeline problem. if you actually look at sort of where women are at -- we did a little researching as we are want to do on this television program -- 50% -- 50.8% of the country is female, but they're only 18.9% of congress is female. that's up. that's still 19% basically. only 4.2% of fortune 1,000 ceos, rona, are women. when we talk about why are the women who are there -- why is the word deputy in front of their names? it's because in top level positions, i mean, you still have a problem in this country and around the world with women in leadership positions. >> it's interesting. the ceo numbers are particularly striking, and i think that that represents the fact that there just has not been enough culture shift in corporate america. i mean, women's roles a
in his opinion there's no better person sitting in treasury to tackle that than jack lew. >> i do want to point out one thing as we talk about diversity, and we had jen saki on the show yesterday. she said while the president has a very diverse -- >> a woman who works for president obama. >> and she made the point that we have a pipeline problem. if you actually look at sort of where women are at -- we did a little researching as we are want to do on this television program --...
99
99
tv
eye 99
favorite 0
quote 0
who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. lori: here's your fox business brief. snapping a two-day losing streak stocks continue their upward trend as fourth quarter earnings season gets off to a strong start with alcoa last night. right now the dow is up 61 points. >>> billionaire leon black apparently sweet on hostess. "new york post" says the head of private equity firm apollo global management teaming up
who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get...
158
158
Jan 10, 2013
01/13
by
CNBC
tv
eye 158
favorite 0
quote 0
jack lew officially nominated as treasury chief. lew is known for his role in the being acrimonious talks in 2011. what could it mean this time. >> tiffany disappoints again with weaker holiday sales. there was weakness in the americas, strength in asia. so how much of a read through to the rest of retail is this earnings report? >>> nokia shares soaring this morning after a bullish outlook for the first quarter. >>> and herbal life's big day to defend itself against bill ackman's damning allegations. we'll have the latest and the ceo join us later in the show. >>> well, today president obama is set to nominate white house chief of staff jack lew as his next treasury secretary. succeeding tim geithner. lew has been budget director in both the obama and clinton administrations. he will pray a major role of course in negotiations over the debt ceiling and potential spending cuts. the president will make his announcement at 1:30 eastern. it's an event in the east room at the white house. i have to say off the bat just because he's a fo
jack lew officially nominated as treasury chief. lew is known for his role in the being acrimonious talks in 2011. what could it mean this time. >> tiffany disappoints again with weaker holiday sales. there was weakness in the americas, strength in asia. so how much of a read through to the rest of retail is this earnings report? >>> nokia shares soaring this morning after a bullish outlook for the first quarter. >>> and herbal life's big day to defend itself against...
60
60
Jan 11, 2013
01/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
he is talking about jack lew to be secretary of the treasury are. there is not even one controversial episode in jack lew's entire life history. but senator jeff sessions who is not even a member of the committee that will definitely vote to confirm jack lew is trying to make his confirmation controversial perhaps because he still hasn't gotten over the fact that the senate judiciary committee voted against his nomination to be a federal judge in 1986. joy read the jack lew thing it doesn't get less controversial than this. poor little jeff sessions isn't going to get to ask him questions in the hearing because he isn't on the hear. >> this is like confirmation theater. darn it they were nominated by barack obama. they have the bam of stain on them. lew's eissue is his weird signature. >> right. eugene robinson. you have seen this stuff over the years. take us through what is going to happen with haegle. you have the secretary of defense. something that bill clinton did. and republicans are going no, we don't like this guy. i think what is going to
he is talking about jack lew to be secretary of the treasury are. there is not even one controversial episode in jack lew's entire life history. but senator jeff sessions who is not even a member of the committee that will definitely vote to confirm jack lew is trying to make his confirmation controversial perhaps because he still hasn't gotten over the fact that the senate judiciary committee voted against his nomination to be a federal judge in 1986. joy read the jack lew thing it doesn't get...
121
121
Jan 10, 2013
01/13
by
CNNW
tv
eye 121
favorite 0
quote 0
jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the budget office and being the chief of staff for the president, the debt crisis has gotten much worse. i don't look at that reference and say, gee, this is a guy who is really going to fix the problem and i do think what we need in washington is he's been in washington in and out of government for 25 years and i guess my philosophy is, why not bring in some new faces, granted they are going to have the president's philosophy but maybe looking at new approaches to bringing this enormous debt down. >> steve, do you remember his record
jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the...
150
150
Jan 12, 2013
01/13
by
MSNBCW
tv
eye 150
favorite 0
quote 0
those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who led us to that fiscal breakthrough as a country. but he was budget director, and with success comes bragging rights. and even know the obama administration kind of declared war on peacocks in this announcement yesterday, it is worth wondering if they might not actually be better off if they did strut on these issues a little bit more than they like to, because you would never know it from the way the deficit peacocks are crowing against this administration, but the deficit is now more than $200 billion smaller than it was when president obama first took office. we are currently witnessing the fastest deficit reduction in this country since the end of world war ii. the alleged big spending liberal barack obama has already signed into law approximately $2.4 trillion deficit reduction measures over the next decade. and that could be hig
those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who led us to that fiscal breakthrough as a country. but he was budget director, and with success comes bragging rights. and even know the obama administration kind of declared war on peacocks in this announcement yesterday, it is worth wondering if they might not actually be better...
97
97
tv
eye 97
favorite 0
quote 0
so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> things are looking up for the u.s. economy. let's hope our politicians don't bring it down. from the cnn money newsroom, in new york, i'm ali velshi. this is your money. walmart reverses itself on gun violence meeting. do you know who jack lew is? you will soon. more nightmares on the dreamliner. and america is on track to prosper if we just let it. but, first, that walmart story. the change of heart. vice president jo
so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how...
365
365
Jan 10, 2013
01/13
by
CNBC
tv
eye 365
favorite 0
quote 0
i don't think jack lew brings that to the table. whether or not the other attributes he has make up for that we'll have to wait and see. >> i was going to ask you if you didn't end your report with that, i was going to ask you to say what you just said, what you said to me off camera -- and i'll tell you, when you said it, i'll tell you what struck me. sometimes i think you're implying that if the administration needs to sell something to maybe the private sector, it helps to say, you know, geithner's for it. or it helps to say paulson was for it. it helps to say robert reuben is for this. and in this case they won't necessarily be able to make that. but they don't -- see where i disagree with you, i don't think they care that they don't sell it. they don't need to sell it. >> i don't care if they care. they should care. it does matter. we are entering really interesting times when it comes to a need to rethink our corporate tax system, rethink our individual tax system. rethink entitlements. all of these things. it would have been,
i don't think jack lew brings that to the table. whether or not the other attributes he has make up for that we'll have to wait and see. >> i was going to ask you if you didn't end your report with that, i was going to ask you to say what you just said, what you said to me off camera -- and i'll tell you, when you said it, i'll tell you what struck me. sometimes i think you're implying that if the administration needs to sell something to maybe the private sector, it helps to say, you...
141
141
Jan 10, 2013
01/13
by
CURRENT
tv
eye 141
favorite 0
quote 0
jack lew is going to the treasury. for those of you who can make out his signature here, that's jack lew's signature. it looks sort of like a drunk caterpillar there. that will be on your flat money. it looks just like this. jack lew's signature. like a shock test if you look at it the right way. that's one nomination. other nominations that we've had here recently. we wanted to talk to juana summers about. let's start with john brennan. john brennan to the c.i.a. how are republicans going to take this? because we've already seen some opposition to him. >> as expected, a lot aren't taking it very well. they say he still has questions to answer about harsh interrogation tactics from the bush era. he hasn't answered that. lindsey graham the other night speaking on fox news that suggested he wants to put a hold on brennan's nomination. use that as leverage so he can get the answers that he and his republican colleagues, kelly ayotte, john mccain have been pushing for from clinton from the obama administration and the atta
jack lew is going to the treasury. for those of you who can make out his signature here, that's jack lew's signature. it looks sort of like a drunk caterpillar there. that will be on your flat money. it looks just like this. jack lew's signature. like a shock test if you look at it the right way. that's one nomination. other nominations that we've had here recently. we wanted to talk to juana summers about. let's start with john brennan. john brennan to the c.i.a. how are republicans going to...
112
112
Jan 12, 2013
01/13
by
KQED
tv
eye 112
favorite 0
quote 0
i think jack lew is an exceptionally good choice to be secretary of treasury. this is not about saving detroit. it's not about the banking system coming to collapse. we're in a fiscal and budgetary bind of historic proportion and it's going to be congress to a great degree and the white house. and i think that anybody who has been twice budget director, judy, 30 years ago, jack lew was negotiating for the speaker of the house o thomas p o'neill when they were doing the greenspan commission on social security between ronald reagan's white house and the democrats in the house. i mean his experience is-- he doesn't have pan ach, he doesn't have dash, he's not going to give you, you know, two colourful things. he's to the going to talk off the record like that the. but i just think he is a great choice. >> quickly, some conversation this week about lack of diversity so far in the president's pick. should we be -- >> you know, ruth marcus said he should have had some binders full of women. you for example i do think ruth made the point that there is not a lot-- ther
i think jack lew is an exceptionally good choice to be secretary of treasury. this is not about saving detroit. it's not about the banking system coming to collapse. we're in a fiscal and budgetary bind of historic proportion and it's going to be congress to a great degree and the white house. and i think that anybody who has been twice budget director, judy, 30 years ago, jack lew was negotiating for the speaker of the house o thomas p o'neill when they were doing the greenspan commission on...
155
155
Jan 10, 2013
01/13
by
FOXNEWSW
tv
eye 155
favorite 0
quote 0
president nominated jack lew as the treasury secretary. it has been met with vigorous opposition by some on capitol hill. we'll have report and analysis from brit hume. 14 died in boston and 18 in state of massachusetts as the nationwide flu outbreak continues. we have a live report. "special report" starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> eric: welcome back. i've been asking the question is american culture in declin decline. first up, scott thompson, english teacher is accused of pulling the flag off the wall and stomping on it in front of students feoffment speech or is american culture in decline. bob, taking the flag off the wall, stomping on it in front of kids? >> bob: it's terrible. i think there are laws against defacing a flag. not sure that he is not in that territory. to do it in front of kids, i'm not sure what the point was. he said it's cloth. it's more than cloth. represents a lot of thing. >> kimberly: fire him. this is outrageous. i would be so angry i would literally pro
president nominated jack lew as the treasury secretary. it has been met with vigorous opposition by some on capitol hill. we'll have report and analysis from brit hume. 14 died in boston and 18 in state of massachusetts as the nationwide flu outbreak continues. we have a live report. "special report" starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> eric: welcome back. i've been asking the question is american culture in declin...